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Property profile & analytics
OFF-MARKET
Estimated value
$6,335,000
Hotels
5650 Calle Real Goleta, CA 93117-2319
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1311714
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1969
Total area
68,163 SF
Lot
4.04 ac (175,982 SF)
APN
069-160-042
UPID
US09-1311714
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.34M
Owner & transaction history
Khp III Goleta LLC · 10 yrs held
Khp III Goleta LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Goleta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goleta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,665,000
6.5%
$6,150,000
7%
$5,715,000
Blend value · Realmo final
$6.34M
Range $5.70M – $6.97M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$405,313
Tax year 2024
Assessed value
$33,849,300
Assessed 2024
Previous assessed
$33,849,300
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$11,964,600
Assessed improvement
$21,884,700
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1969
Heating
NONE
Total area
68,163 SF
Lot
4.04 ac (175,982 SF)
APN
069-160-042
UPID
US09-1311714
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
4.04 ac
Current owner
From public records · entity-resolved
Khp III Goleta LLC
Entity
Mailing address
1040 AVE OF THE AMERICAS 9TH RM #9, NEW YORK, NY 10018-3703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
—
Awh Goleta Hotel LLC
—
Deed
related
$2,650,000 · Ubs Bank USA
Nov 21, 2018
—
Khp III Goleta LLC
—
Deed
related
$31,000,000 · Bank Of America
Sep 2, 2015
$40,910,000
Khp III Goleta LLC
Mp Goleta Hotel Partners LLC
Grant Deed
$37,000,000 · Tpg Re Finance 2 Ltd
Jun 24, 2013
—
Mp-goleta Hotel Partners LLC
Santa Barbara Owner LLC
Grant Deed
$27,800,000 · Lei Wsr Goleta LLC
Jan 23, 2013
—
Santa Barbara Owner LLC
Felcor Of Jpm Hospitality Spe L
Grant Deed
—
Jun 19, 2009
—
Felcor/jpm Hospitality Spe LLC
Felcor Lodging Holding Company LLC
Grant Deed
$200,800,000 · Jpmorgan Chase Bank NA
Dec 29, 2005
—
Felcor Lodging Holding Co LLC
Felcor Lodging Co LLC
Quit Claim Deed
—
Oct 29, 1997
—
Bristol Lodging Co
Bristol Hotel Asset Co
Quit Claim Deed
related
$145,000,000 · Nomura Asset Capital Corp Ttee
—
—
Khp III Goleta LLC
—
Deed Of Trust
related
$31,000,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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